It's your choice if you want to drive such an unsafe car. But anyway, the topic is Tesla stock. And yes, it's a terrible investment. The company is not long-term viable. |
When Consumer reports, Motor trend and all other reviewers rate Tesla's as a 2 yeh buying one is genius. Teslas are crap. But hey people bought the Pacer too. We know how that ended. And this was about stock price which is a pump and dump money laundering scheme. There is a reason the board of Tesla has sold most of their stock already. Millions sold last December and February. Only one reason a board does that in mass. |
+1 Anyone on here saying they will still buy a Tesla awesome you still have a choice to buy whatever you want because you live in the US. Next year not only will you no longer have the money to drive the car you will not have choices ie freedoms at all. |
There is seriously no need to exaggerate. Just don't buy the stock if you don't like the CEO. https://electrek.co/2024/02/27/tesla-model-y-2024-scores-near-perfect-iihs-crash-tests/ |
Again, what's with all the lying? Consumer Reports literally ranked the Tesla Y the best electric car of the year in 2024. These are just quick google fact checks. https://insideevs.com/news/710663/tesla-model-y-best-electric-car-consumer-reports/ |
And yet (back on topic) Tesla is a terrible investment because its brand is irreparably toxic. |
Even if it is an amazing safe car, its value as a stock is untethered from reality. It’s priced as if it will be the first and only self-driving car, robot company, and AI. |
| Sure, and I think "buy what you know" applies here. It's a solid product beloved by the people who actually drive them. Try as traditional automakers might, there is no current comparison in price/user/buying experience. Plus, the CEO has an office in the White House. Whether you like that or not, it strikes me as a 'buy,' at least for the next few years. |
Yes, exactly and back to the original topic- it's just wild seeing a company where the stock price only makes sense as a huge growth curve well into the future, obtaining market pricing power, etc, simply NOT at all be that company in reality. The growth is completely flat in car sales now, and they don't have any huge advantages in those areas, certainly not enough to have substantive market pricing power in the future. That's the difference between say Tesla now and Amazon in 2010- Amazon had this firehose of revenue and profit in AWS that had, and continue to has, such a strong lead on the rest of the market that it could support a high stock price. |
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While Tesla recalls its glued-together dumpster trucks, China's BYD is cranking out reasonably priced EVs that charge in 5 minutes. Yes, 5 minutes.
Thank goodness tariffs are protecting us from these, huh? |
It strikes me, given your amateurish analysis, that it's a pretty bad idea for you to invest in individual stocks. You're betting off sticking with mutual funds. |
Apparently not! https://amp.cnn.com/cnn/2025/03/20/business/even-used-teslas-are-falling-out-of-favor https://www.cnbc.com/2025/03/20/tesla-owners-are-trading-in-their-evs-at-record-levels-edmunds-says.html Again, watch what people do. |
| Tesla is buy if you are into pump and dump schemes. Long-term investors like Buffett never bought the stock. It is a meme one. True that Musk has Trump, but Tesla's market is international. See what is happening in Canada and Europe. If the relations with China go south, Tesla will bleed. Based on stats, MAGA voters have lower incomes than former, more left-of-center Tesla buyers so not much upside there either. 70% of Teslas are leased, so at one point there will be a flood of used ones in the dealerships. Again, if you like to speculate on the market, stock is for you. Big swings up and down are possible. |
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I don't understand why there is so much hate for Tesla cars. They are great cars that are made by an American company. If you all want to support BYD, go ahead. But don't complain when our technology falls far behind and we are dependent upon China for even more things. I can understand if you say that the Ford or GM EVs are good and you will buy one of those. That would be great. It would be great if you bought GM or Ford stock to help them out. But what I am hearing on here is that no company (including Tesla) in the US can build a competitive EV. This is not good. Without Tesla, Ford and GM never would have started building EVs. So that might be Tesla's legacy and it's not a bad one overall. Whether Ford and GM can compete with BYD is anyone's guess. |
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Other companies are catching up with Tesla's technology. It is losing the tech advantage it once had. And the company's CEO is behaving erratically. I would only buy if, as the PP said, I was interested in a pump and dump scheme (or I guess, a fan of Nazi salutes). It's not a long term buy and hold.
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